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La Salle News

November 21, 2014

La Salle University Economics and Finance Major Matthew Accardi Interning with the Federal Reserve Bank of Philadelphia

La Salle University senior Matthew Accardi is interning this semester with the Federal Reserve Bank (FRB) of Philadelphia.

An economics and finance double major, Accardi is working with the FRB’s Business Outlook Survey. “It surveys regional manufacturing firms and asks basic economic questions. This survey is widely read and moves markets when it is released. I get to work in every step of the survey’s development and processing,” said Accardi, who is from Stone Harbor, N.J., and a graduate of Wildwood Catholic High School.

Accardi began La Salle undecided on a major, but, after taking introductory courses on economics he decided to concentrate in the field.

“I enjoy the intuitive approach necessary in studying and succeeding in the field of economics,” Accardi said. “Economics is constantly evolving and new, exciting opportunities seem to be constantly arising.”

Mike E. Trebing, senior economic analyst at FRB, said Accardi is, “very organized.  A good listener.  He takes good notes and utilizes them to remember tasks performed up to six months ago. This is very important in developing effective research skills and in the learning process.”

“He also said he had very little, if any, programming experience, but picked up on that as well,” Trebing added. “Most importantly, I think he took the sage advice of Federal Reserve President Charles Plosser, who, during the welcoming of our interns, said  that they should add value and make good recommendations to improve the way we do things.”

According to the FRB, more than 3,500 students applied for 35 intern spots this semester.

Recently, Accardi was inducted into La Salle’s Alpha Epsilon Honor Society, which recognized high scholarship and community service. He volunteers at Cristo Rey High School in Philadelphia and at the Crest Haven Nursing and Rehabilitation Center inCape May Courthouse, N.J.

An educational community shaped by traditional Catholic and Lasallian values, La Salle University was established in 1863 through the legacy of St. John Baptist de La Salle and the Christian Brothers teaching order. Money magazine named La Salle University a “Value All-Star,” ranking it the eighth-best college nationwide for adding the most value for a college education. Globally, the Lasallian educational network includes 1,000 schools (60 of which are institutions of higher education) serving 940,000 students in 80 countries.